Search results for : investment companies
May 18, 2022
Investment company likens FTX's arrival to establishment of Atlantis
Local investment firm Weiser Global Capital Markets is comparing the decision of cryptocurrency exchange FTX to build its global headquarters in The Bahamas to Sol Kerzner's decision to develop Atlantis in The Bahamas, while also praising the government for the Digital Assets and Registered Exchanges Act (DARE), Weiser said yesterday in a statement sent to Guardian ...
The post Investment com...
Bahamas Stripping Marks 7th Year with Launch of Scholarship Fund and Small Biz Investment Company
June 14, 2017
Bahamas Stripping Marks 7th Year with Launch of Scholarship Fund and Small Biz Investment Company
From a $5,000 government grant to a multimillion dollar, multilayered company, Bahamas Striping celebrated its seventh anniversary in grand style over the weekend launching not only a new scholarship program but also a million dollar investment fund for the next generation of Bahamian entrepreneurs...
February 09, 2024
25th annual Grand Bahama Business Outlook set for February 22nd
NASSAU, BAHAMAS — The 25th Annual Grand Bahama Business Outlook is scheduled for Thursday, February 22, 2024, at the Grand Lucayan Resort under the theme "Future Grand Bahama: Branding The National Identity, Planning For Success." The Minister for Grand Bahama, Ginger Moxey, will be the opening speaker and provide an update on Grand Bahama. Deputy [...]
Company seeking full approvals to usher in "new era" of real estate investment ownership
January 12, 2024
Company seeking full approvals to usher in "new era" of real estate investment ownership
NASSAU, BAHAMAS — A Bahamian fintech firm that aims to make real estate investing easier says that it is still awaiting the relevant full approvals from its regulator, expressing confidence that its business model will usher in a new era of real estate investment and ownership. Akerage, headed by Carlyle Bethel announced last year that [...]
December 14, 2023
Milo Butler Investments Completes Final Phase of $12M Downtown Freeport Project
Today, Milo B. Butler & Sons Investment Company Ltd. (Milo Butler Investments) officially completed phase two of a $12 million investment project in Downtown Freeport. Company board members joined government officials and Grand Bahama business leaders at a soft opening and building renaming ceremony. On hand for the event were the Hon. Kingsley Smith, Member of Parliament for West End Grand Bahama...
Steininger Island ready to start construction
September 19, 2023
Steininger Island ready to start construction
Developers of the multimillion-dollar Steininger Island project say the gated community development is set "to go" and Grand Bahama residents will see construction on the property by the end of the year. According to co-founder and Project Director Hanno Strack, that is when the first four villas will be built. The entire project consists of ...
The post Steininger Island ready to start constructi...
October 21, 2019
Tech company receives over $100,000 in investments through the SBDC
Alvernia Business Consulting (ABC Bahamas Ltd.) received $112,500 in investment loans from the Royal Bank of Canada (RBC) through the Access Accelerator, Small Business Development Centre (SBDC)...
Ongoing worries over oil cleanup efforts
February 28, 2023
Ongoing worries over oil cleanup efforts
Local environmentalists are frustrated over what they see as a lack of transparency surrounding the cleanup at the Equinor site over three years after Hurricane Dorian caused a major oil spill at the South Riding Point facility.
February 17, 2023
Oil company still hoping for license renewal, return on investment
Challenger Energy Group (CEG) yesterday released its 2023 strategy and work program update, revealing that the company, formerly called Bahamas Petroleum Company, remains locked in negotiations with government on the renewal of the company's licenses for another multi-year exploration period. The company noted in its update that it is "seeking alternative means of achieving value" from its ...
The...
Pelican Bay Resort unveils latest upgrade
January 31, 2023
Pelican Bay Resort unveils latest upgrade
After spending $4 million to renovate 48 of its suites, Pelican Bay Resort hosted a reception at the property on Friday and allowed specially invited guests to tour the rooms.
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